DefenseNews

Boeing reports $565M loss on KC-46 as firm looks forward to repricing

Boeing on Tuesday reported a $565 million loss on its KC-46 Pegasus refueling tanker in the fourth quarter of 2025, the latest for a program that has recorded billions in losses over the years. In an earnings call with investors, Boeing chief executive Kelly Ortberg acknowledged the loss is “disappointing,” but said the company is seeing encouraging signs in the aircraft’s operational…
Read more
DefenseNews

Critics see ‘chilling effect’ of DOD crackdown on 8(a) small-biz deals

Defense Secretary Pete Hegseth on Jan. 16 lambasted a decades-old contracting program that provides business opportunities for small and disadvantaged businesses, calling it a breeding ground for fraud and disparaging it as a “DEI” effort. But experts and an executive from a firm that uses such contracts say the level of fraud critics like Hegseth alleged has been greatly exaggerated. Some…
Read more
DefenseNews

Estonia nears decision on which missile defense system to buy

WARSAW, Poland — Estonia is gearing up to acquire a missile defense system, participating in broader efforts by the Baltic States to boost investments in expanding their air-defense network. The country’s authorities said they plan to select the supplier by the end of…
DefenseNews

Taiwan leaders face pushback on massive defense budget mechanics

NEW TAIPEI CITY, Taiwan – Taiwan’s government may be facing a fight to find the funding to pay for planned military spending, including announced arms purchases from the United States. Taipei said last month it would buy a large $11.1 billion arms package from the United States including HIMARS rocket systems. A month earlier Taiwanese President William Lai announced a roughly NT$1.25 trillion…
Read more
DefenseNews

Qatar-gifted Air Force One plane delivery expected this summer

The Air Force expects to have a Boeing 747 gifted from Qatar ready to serve as an interim Air Force One presidential transport plane by this summer. In a statement to Defense News, an Air Force spokesperson said the service “remains committed to expediting delivery of the VC-25 bridge aircraft in support of the presidential airlift mission,” and the plane is on track to be delivered no later…
Read more